It expects to add 2,300 pilots, in part to offset about 500 retirements. United Airlines has said it plans to hire 15,000 workers this year and more in coming years. In the past year, the air travel industry has hired roughly 45,000 people, enlarging its workforce by 9%, to more than a half-million. “Everybody’s getting ready to retire, and not enough people are coming in to take the jobs,” said Mike Myers, a maintenance manager for Piedmont Airlines, in Hagerstown, a regional feeder for American Airlines. In the airline industry, more than one-third of mechanics are between 55 and 64, according to government data. That dynamic is complicating the Fed’s efforts to tame inflation. On Friday, the government will issue the May employment report, which economists predict will show another solid gain of about 190,000 jobs.Ĭompanies that must fill jobs tend to raise pay to attract and keep workers - a trend that can fuel inflation as those same employers typically raise their prices to cover their higher labor costs. In April, the unemployment rate reached a half-century low of 3.4%. Yet hiring was robust, averaging nearly 300,000 jobs a month.
The economy expanded at a mediocre 1.3% annual rate in the first three months of 2023. Job growth has been stronger, in fact, than economic growth would suggest.
Most of their existing mechanics are aging, and demand for travel is growing. Fourteen of the 15 graduates did have jobs, and the only one who didn’t had an interview lined up for the next day.Īs happy as the moment was for the graduates, it epitomized the struggles of recruiters for airlines, plane manufacturers and repair shops that are desperately seeking mechanics. The crowd of about 70 friends and relatives, gathered in a hangar where the students had been trained, laughed appreciatively. “Who doesn’t? Because I have a job for you.” “Who doesn’t have a job?” Bandoh demanded, surveying the 15 graduates before him at the Pittsburgh Institute of Aeronautics’ training facility in Hagerstown, Maryland. WASHINGTON (AP) - Kwasi Bandoh, a senior recruiter for an airline, stood before a group of aviation mechanic students at their graduation ceremony last month and congratulated them for all having jobs.Īs some of the students began nudging each other, Bandoh realized that perhaps not every one of them had already been hired.
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